Im looking to start investing in real estate and I thinking maybe using a hard or private money lender to start out with.

As to pre-payment penalties, you need to check state laws concerning residential or private financing transactions.

Are you concerned with paying your Realtor when doing a deal with a private seller?

Unless you have a good history with one already they want the purchase agreement as a prerequisite to getting the loan.If you have a private lender ready to put up monies for a deal they generally don't require that you have a deal under contract immediately.3.

You can raise private money to cover all of the cash needs of a deal, so as long as you know how to manage contractors to produce results, and manage a management company over time to keep the property full, there is no reason not to go directly into multi-family.

While you mention there are no points, perhaps there are processing charges or something similar which would be revealed in the APR.

You need a squeeze page for sellers, buyers, and private money.I use optimize press 2.0.Get the lead and convert.Use video email, I use www.bombbomb.comYou can drip 3 - 5 emails.

The availability of private money loans and other forms of fast cash allowed the buyers of these assets to take advantage of unique and fleeting opportunities.

I do private loans when I'm cash heavy.

Many subtle things can be done that lets people tip their had to you without you revealing yourself.